Scale of Preference: Definition, Features, Necessity & Importance
Scale of preference refers to a list of individual wants in order of their relative importance. The drawing of scale of, preference will make it easier for choice to be made.
E-Government – Definition, Problems & Benefits of Electronic Government
E-government is the use of the internet and the world wide web for delivering government information. The focus of e-government should be on the use of information and communication technologies for better government.
The Millennium Development Goals (MDG) – Meaning, History, Aims & Objectives
The Millennium Development Goals refer to a set of fundamental goals set by the United Nations in 2000 which all member states of the United Nations and, particularly developing countries, are required to achieve within a period of fifteen years.
NEPAD – Meaning, History, Features, Aims & Objectives
The New Economic Partnership for African Development (abbreviated as NEPAD) is an economic development programme of the African Union (AU). It was established on October 15, 2001 at a summit of the African Union in Lusaka, Zambia.
Why Study Economics?
Why Study Economics? – The study of economics assists individuals to be independent and be practical individuals. This is possible through the application of practical approaches to emerging issues and providing solutions to deny problems.
Economic Growth and Economic Development: Meaning & Definition
Economic growth is a sustained regular increase in total national income. This regular increase might have been brought about by an increase in the capacity to produce more goods and services.
United Nations (UN) | History, Features, Members, Organs, Aims & Objectives
The United Nations or UN, also called the United Nations Organization (UNO), is the largest and most important international organization on the planet. Most of the world’s recognized nations ascribe to it.
Nigeria’s Non-Alignment Policy | Meaning, History & Origin
Nigeria became a member of the Non-Aligned Movement at the independence in 1960. The tone for Nigeria’s non-alignment policy was laid by Prime Minister Abubakar Tafawa Balewa in a speech he made at the House of Representatives on 7th October 1960, six days after Nigeria’s independence.
Value of Money: Meaning & Measurements in Economics
The value of money (TVM) is the perception attributed to money at a given time taking into account economic circumstances that influence it, such as inflation.
Africa as the Centrepiece of Nigeria Foreign Policy | Meaning, Principles & Implications
Africa as the “centrepiece” of Nigeria’s foreign policy means that Africa is the focus of Nigeria’s foreign policy. In other words, this policy orientation implies that the country places a high premium on issues relating to African affairs in her foreign policy.